The daisy chain of collapses the crypto industry has experienced has instilled a loss of confidence in the space and created many fewer options for crypto investors and businesses. I'm a Self-Made.
Crypto s New Favorite Bank Is Reluctant to Accept the Title bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Customers Bancorp, the U.S.81st largest bank, has emerged as one of the biggest partners for the crypto industry following the implosion of other lenders. Read on.
TAIPEI, Aug. 25, 2022 /PRNewswire/ Crypto-fiat exchange XREX today announced its partnership with Customers Bank, the banking subsidiary of Customers Bancorp (NYSE: CUBI), to expand its fiat gateways and provide users better U.S. dollar (USD) deposit and withdrawal experiences. With a mission to redefine banking together, XREX helps cross-border merchants and businesses in emerging markets leverage stablecoins and cryptocurrencies for business payments and access USD globally. This is where XREX and Customers Bank find great synergy; Customers Bank aims to offer a range of banking and lending services to small and medium-sized businesses, professionals, individuals, and families. "We are excited to collaborate with Customers Bank, a publicly listed bank holding company and also a member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation (FDIC)," said Wayne Huang, co-founder and CEO at XREX. "XREX bridges blockchain-driven fi